Issue - meetings

To consider the report of the Cabinet Member for Performance and Resources seeking approval of the Capital Strategy 2024/25

To consider the report of the Cabinet Member for Performance and Resources seeking Members to recommend that Council approves the Capital Strategy 2024/2025.

RECOMMENDED to Council that the Capital Strategy be approved.

Cabinet considered the report of the Cabinet Member for Performance and Resources that sought Members to recommend that Council approves the Capital Strategy 2024/25.

The Cabinet Member for Performance and Resources outlined the background to the report and reminded Members of its relationship with other strategies serving the objectives of the Council (3.1-2).  She drew their attention to the planned capital expenditure of this and the coming financial year (Appendix 1 Table 1) and listed some of the projects that this investment has enabled to progress including the Forum, refurbishment of Kings Walk and the redevelopment of Greyfriars Quarter.

The Cabinet Member for Culture and Leisure commented that the investment detailed in the report demonstrated the Council’s foresight for Gloucester with projects such as the Forum making the City a great place to come to.  He thanked the Head of Finance and Resources and his team.  The Cabinet Member for Planning and Housing Strategy reiterated that it showcased the ambition of the Council for the City, focussing investment on their vision to make everyone feel welcome and create new homes.

RECOMMENDED to Council that the Capital Strategy be approved.